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Oct 16, 2012
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>> short city. >> dominos pizza, the most underrated spectacular stock. >> i'm michelle caruso-cabrera, be sure to >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> he is nuts. their nuts. they know nothing. >> i like to say there is a bull market somewhere. "mad money" you can't afford to miss it. >> i'm cramer welcome to "mad money." i'm trying to save you some mon money. call me. what happens when the positive facts get in the way of the negative story? i'll tell you what happens? you get the best back to back rally in agents. >> house of pleasure. >> s&p 1.12%. ♪ hallelujah >> and yeah, friday had a descent day too. >> let's face it. we came into the the earning season with a full head of glue. the earnings have peaked. with the impending government spending crash as well as a lack of unemployment growth, what did you want to do when you heard that? that was the wrap. but these last few days we have been at odds and the facts are threatening to overwell many the tale of woe. 1.1% gain on top of a 1.2% gain. those are the first back to back numbers. pe
>> short city. >> dominos pizza, the most underrated spectacular stock. >> i'm michelle caruso-cabrera, be sure to >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> he is nuts. their nuts. they know nothing. >> i like to say there is a bull market somewhere. "mad money" you can't afford to miss it. >> i'm cramer welcome to "mad money." i'm trying to save you some mon money. call me. what happens...
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Oct 15, 2012
10/12
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i think citi's move tells you that a lot of guys probably see this. >> 5.5% move on citi. take a look at consumerer discretionary. we saw huge runs. wal-mart hitting a fresh i think this is a record high here. >> wal-mart. i'm not sure what to do with wal-mart at this point. i don't know how much up side is left. >> stop shopping there. >> i have. not really relevant. i'm not exactly their core customer. i don't know what to do with it here. we will probably sell upside calls against them. one thing interesting was the oil. that led the market followed oil. >> i think it was oversold on a technical basis. when you saw the market bounce it bounced probably its third traunch of bouncing. it was the risk on trade and you saw oil bounce with it. >> what did you say on today's action? >> i think it was really interesting in the financials because on friday of last week we saw call buying. we saw a bunch of put buyings in the sector etf. people were really trying to pick their name. they wanted to bet on individual names. we saw individual names like citi do really well. i think
i think citi's move tells you that a lot of guys probably see this. >> 5.5% move on citi. take a look at consumerer discretionary. we saw huge runs. wal-mart hitting a fresh i think this is a record high here. >> wal-mart. i'm not sure what to do with wal-mart at this point. i don't know how much up side is left. >> stop shopping there. >> i have. not really relevant. i'm not exactly their core customer. i don't know what to do with it here. we will probably sell upside...
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Oct 26, 2012
10/12
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and baltimore to new york city, going to have to deal with damaging wind issue. we've never seen a situation like this show up on computer models where a hurricane morphs and moves ashore. the perfect storm did it but never came ashore. this one undoubtedly well. as late as sunday night with the storm well offshore, we'll get just with winds up to 35 miles per hour. and people need to be done with the preparations by sunday night, even though it won't be until tuesday morning until the center of this thing comes ashore. >> so jim, how does it feel where you are right now? you're saying that in terms of the new york area, boston, we'll feel it on monday going into tuesday? >> reporter: i think by 6:00 monday morning, we'll already have winds that will gust to near tropical storm force, boston, new york, baltimore and washington, d.c. think about the disruption in transportation at that point. by the time we get into tuesday, that's when the center comes ashore. depending on where that center comes ashore, we'll have all of the meaning in the world as to where the
and baltimore to new york city, going to have to deal with damaging wind issue. we've never seen a situation like this show up on computer models where a hurricane morphs and moves ashore. the perfect storm did it but never came ashore. this one undoubtedly well. as late as sunday night with the storm well offshore, we'll get just with winds up to 35 miles per hour. and people need to be done with the preparations by sunday night, even though it won't be until tuesday morning until the center...
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Oct 22, 2012
10/12
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there was the city that google's management lives in. let's call that backpack city, which they kept doing throughout the conference. at the end of the conference call, their arm was supposed to hurt so much. they had to go to the chiropractor i'm sure. and then there is the city that the rest of us inhabit which is the are you kidding me? that was the are you kidding me city. what happened to too much ad inventory? higher costs, including extraneous ones where we have no idea what they actually do. these two cities are so far apart from each other, sorry, google, it was the age of foolishness on your part, and the winter of despair for everyone who believed in the company. at least they have some new products coming to disguise the bad odor of that call. then there is chipotle. an entirely different expectations problem. chipotle had done much to make people feel that things were slowing down, that the analysts should be cautious going forward. the problem is they didn't listen. the problem is chipotle always had a halo that made it see
there was the city that google's management lives in. let's call that backpack city, which they kept doing throughout the conference. at the end of the conference call, their arm was supposed to hurt so much. they had to go to the chiropractor i'm sure. and then there is the city that the rest of us inhabit which is the are you kidding me? that was the are you kidding me city. what happened to too much ad inventory? higher costs, including extraneous ones where we have no idea what they...
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Oct 23, 2012
10/12
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three cities as well. >> you've expanded so much around the world, particularly in china. what's your plan now? given the backdrop of the economy. we know things are slow, even if it's not hitting your category. how do you resize the business, if you have to, for 2013 and beyond? >> well, first, fortunately, we're in the sweet spot, accessories. in north america, the category was up about 10% again during the last three months, which makes it about 18 months straight where the category has been growing 10%. >> how much did the return of coupons help with that and incentives? how much are you having to insent vise the consumer to bring them in the door? >> our factory business by its nature is a promotional business because it's a discount p business. we have found that the added impetus of giving a consumer an additional discount to encourage them to make a purchase at the moment does really help. our sales in factory stores did bounce back after we reactivated it. however, on the full-price side, our promotional levels are modest. >> so let me go back to what i just asked
three cities as well. >> you've expanded so much around the world, particularly in china. what's your plan now? given the backdrop of the economy. we know things are slow, even if it's not hitting your category. how do you resize the business, if you have to, for 2013 and beyond? >> well, first, fortunately, we're in the sweet spot, accessories. in north america, the category was up about 10% again during the last three months, which makes it about 18 months straight where the...
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Oct 8, 2012
10/12
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the leading army executive in the country, really has put his life on the line as well as new york city police chief jim esposito. thanks for joining us. >> it's a great day. thanks to be here and talk to you. >> how important was it -- how does it feel to be grand marshal of columbus weekend? what does it mean for you, a man who started his own business from the ground up? >> you think about 520 years ago, columbus had a vision, he was an entrepreneur tried to do a venture capital deal with the queen of spain. more fundamental it lays the track of what u.s. is all about. the rule of law, the free market system, even with all the blemishes of the last few years, and then the ability to succeed and the vision of columbus and what we're doing here with this parade is to raise millions of dollars, which we do every year, and give it back to individuals that want to have an equal opportunity through school. we give that money to students, thousands of them, maria, and that's why i'm doing this. i want to continue to help contribute. >> you constantly give back. the money raised, $2 million
the leading army executive in the country, really has put his life on the line as well as new york city police chief jim esposito. thanks for joining us. >> it's a great day. thanks to be here and talk to you. >> how important was it -- how does it feel to be grand marshal of columbus weekend? what does it mean for you, a man who started his own business from the ground up? >> you think about 520 years ago, columbus had a vision, he was an entrepreneur tried to do a venture...
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Oct 15, 2012
10/12
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and now nearly 23 years later japanese telecom firm softbank is taking control of kansas city based sprint as a new japanese buying spree on the horizon? co-head of the global m and a practice at sullivan and cromwell joins us. he's one of the world's top deal lawyers. frank, you sent me an e-mail yesterday that i thought was very poignant. you said that the japanese can't grow at home. they're going to look abroad. should we expect more big japanese purchases of u.s. companies? >> brian, i think we're going to see a lot more of this. to some extent the question is why we hadn't seen deals like this already. if you look at the demographics in japan, it's an aging society. their market, by and large, their home market is contracting. it is certainly not growing. they have big multi-nationals that have lots of cash, the ability to borrow more, a favorable exchange ratio. so deals like this are inevitably going to happen as the japanese corporates try to figure out where to go to next. because the society may be contracting but these companies certainly don't want to be contracting. >> so the
and now nearly 23 years later japanese telecom firm softbank is taking control of kansas city based sprint as a new japanese buying spree on the horizon? co-head of the global m and a practice at sullivan and cromwell joins us. he's one of the world's top deal lawyers. frank, you sent me an e-mail yesterday that i thought was very poignant. you said that the japanese can't grow at home. they're going to look abroad. should we expect more big japanese purchases of u.s. companies? >> brian,...
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Oct 8, 2012
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we know atlantic city is getting skewed by pennsylvania. what happens when they open the fourth casino in the spring of 2013? will they start to lose business sneer these are open-ended questions but there will be a tipping point on supply/demand. >> brian, hopefully this is your last live shot, i see an empty seat at that blackjack table over your right shoulder. >> i'm in. thanks, buddy. >> brian shactman for us. >>> what will move your money even before tomorrow's opening bell rings? >> our trio of wall street's top market watchers gives you a leg up on the other side of the break. mike rowe here at a ford dealer with a little q&a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service
we know atlantic city is getting skewed by pennsylvania. what happens when they open the fourth casino in the spring of 2013? will they start to lose business sneer these are open-ended questions but there will be a tipping point on supply/demand. >> brian, hopefully this is your last live shot, i see an empty seat at that blackjack table over your right shoulder. >> i'm in. thanks, buddy. >> brian shactman for us. >>> what will move your money even before tomorrow's...
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Oct 31, 2012
10/12
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no decision on the new york city marathon yet. >> see you the same time tomorrow. "closing bell" is next. >>> hi, everybody, welcome to "the closing bell." i'm maria bartiromo at the new york stock exchange. what a couple of days it's been after being shut down by hurricane sandy, wall street winding down the historic afternoon for the stock market, back in business the market down slightly. the fact that we are open today after this recent disaster is viewed as a very important step for this recovery. >> it's an amazing achievement just to get that opening bell this morning. i'm bill griffith. you can see the dow is down modestly and for the most part it has been for the most part smooth sailing in terms of trading at the big board. we'll talk to a host of top market watchers, get their take how the exchanges are doing on the heels of hurricane sandy. >> of course it's all about the recovery. i'll talk with nasdaq's ceo bob griefeld on how his day is going. stay tuned for that as well as any lot of other interviews coming up. we go to the front lines to get a full
no decision on the new york city marathon yet. >> see you the same time tomorrow. "closing bell" is next. >>> hi, everybody, welcome to "the closing bell." i'm maria bartiromo at the new york stock exchange. what a couple of days it's been after being shut down by hurricane sandy, wall street winding down the historic afternoon for the stock market, back in business the market down slightly. the fact that we are open today after this recent disaster is viewed...
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Oct 11, 2012
10/12
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." >>> live from the nasdaq market site in new york city, i'm melissa lee. apple loses altitude, is the weakness in technology a canary in the coal mine for the broader market? and at this point, you've got to wonder whether or not tech is showing signs of some sort of breakdown. >> that's a huge issue. in october, tech is now down 3% for the month. and there's divergence in the sector performance. you have financials up three, tech's down three, and you've got the general, which is apple leading on the way down. if you look at that draw down in apple, and it is becoming more of a draw down than a correction. it's 10.5% from the bernanke top. there's a lot of stuff with blow off tops up there, bernanke's got a lot of liabilities that people have to chase. you look at what's happened in the commodities and leaders and that's the suspect part of this market is that everything that was working all of a sudden other than the financials isn't working. >> there are a lot of people out there saying this is "fast money," oh, they're alarmists. >> who says that? >> t
." >>> live from the nasdaq market site in new york city, i'm melissa lee. apple loses altitude, is the weakness in technology a canary in the coal mine for the broader market? and at this point, you've got to wonder whether or not tech is showing signs of some sort of breakdown. >> that's a huge issue. in october, tech is now down 3% for the month. and there's divergence in the sector performance. you have financials up three, tech's down three, and you've got the general,...
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Oct 1, 2012
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> welcome back. the dow industrials rallying today up about 70 points even though it is off of the best levels of the afternoon. the nasdaq really struggling. bertha is at the nasdaq with the details. >> the nasdaq was up as much as 30 points earlier in the day. as you mentioned before the break, it's really the weakness in apple, also greater weakness in microsoft. microsoft today getting cut over at rbc. they basically see the windows 8 upgrade price priced into the microsoft price. google, oracle, with the oracle world today, the real strength. take a look at google. google has really been coming on here. google today set to clo
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> welcome back. the dow...
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Oct 24, 2012
10/12
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can you imagine, at under 1.5% vacancy, you understand that in our city, 65% of new yorkers choose to rent versus buy. notwithstanding historically low interest rates. i believe that there's a new kind of new yorker that prefers being nimble and having this untethered existence where year to year they can choose where to live, they can live in high-rise buildings in brooklyn. five years ago to find a luxury rental building in brooklyn was near impossible. it was brownstones or bust. i think what's changed is that brooklyn is now a place where you can live in a high-rise luxury rental building with amenities that are akin to manhattan. >> that's the residential side of the equation. what about commercial real estate in new york? what are your thoughts on that? >> so commercial real estate is heavily dependent upon job growth and sustained job growth. i think over time, as we watch the unemployment rate move and we see companies hire, we can appreciate the fact that eventually there will be a drive to create new office space. but right now i think that vacancy rates are starting to migr
can you imagine, at under 1.5% vacancy, you understand that in our city, 65% of new yorkers choose to rent versus buy. notwithstanding historically low interest rates. i believe that there's a new kind of new yorker that prefers being nimble and having this untethered existence where year to year they can choose where to live, they can live in high-rise buildings in brooklyn. five years ago to find a luxury rental building in brooklyn was near impossible. it was brownstones or bust. i think...
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Oct 1, 2012
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we're live at the value investing con dwres in the heart of new york city where the biggest and best known managers are presenting their top investment ideas. we'll be speaking live with the house and that's moments after he reveals thinks tom picks and the fed chairman is speaking today before the economic club of indiana and you will see the question and answer session live later on in the hour. first, let's turn our focus on the market and stocks higher to start the fourth quarter and after a better than expected manufacturing report where does the rally go from here? we're getting your fourth quarter play back from pete and steve here with me and stephanie link and steve grasso and i will start with you. given what happened last week in the market, did you guys come in today a little skeptical about this move in the market and then we got the ism report and that changed your way of thinking? >> i think you always come in skeptical because you wonder how much is window dressing and how much is the market itself creating and when you look at it, i think there are great opportunitie
we're live at the value investing con dwres in the heart of new york city where the biggest and best known managers are presenting their top investment ideas. we'll be speaking live with the house and that's moments after he reveals thinks tom picks and the fed chairman is speaking today before the economic club of indiana and you will see the question and answer session live later on in the hour. first, let's turn our focus on the market and stocks higher to start the fourth quarter and after...
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Oct 31, 2012
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one northwest of the city and one due east of the city. we will have a head start in canada as we roll out our canadian strategy. >> are there enough people in canada to make a difference? i said how many could you really open there? >> well, we have identified with our partner rio-can development trust, about ten sites which we think we can roll out over the next five to seven years. we have purchased three. we have expansion capacity in each of those three. so we're well along executing the project. >> the dividend increases consistent, 5% most recently. if you get up to, say, 99.9 and then you stay there, how do you raise it each year? you have a 21% increase in the rollovers, right? >> well, our rents continue to be driven -- we were actually -- our rent spreads were 25% year to date. but that's a reflection of our tenant sales, which are way up. the tenants can afford to pay a little bit more. it's a very profitable distribution channel for our tenant partners. our ability to raise dividends, which we have every year since we've been
one northwest of the city and one due east of the city. we will have a head start in canada as we roll out our canadian strategy. >> are there enough people in canada to make a difference? i said how many could you really open there? >> well, we have identified with our partner rio-can development trust, about ten sites which we think we can roll out over the next five to seven years. we have purchased three. we have expansion capacity in each of those three. so we're well along...
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Oct 2, 2012
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the pensions of just one all-american city. tell you where, coming up. >>> plus what does shelia bare think of the big lawsuit against jp morguen? she is here to let us know. >>> we want to know, who has a better chance of winning this year is it a, mitt romney, or b, the new york jets? vote now on our show page, street signs.cnbc.com. the results, mandy, later in this cablecast. >> indeed. in fact, watching the trading day starting off in rally mode but that buying spree was short circuited about spain's fiscal situation. the dow lost a 52-point gain and on track for the sixth loss in eight session. the numbers more bearish for the s & p 500, down for the ninth time in 12 sessions and losing about 1.6% over that time. the nasdaq near break even, trying to avoid a six of seven losing streak t is down about 2% in that period. brian? >>> the u.s. is addicted to budgetary crystal meth, those words from a man we are now calling "breaking bad" bill gross there he is. his new picture. he outlined america's severe spending addiction i
the pensions of just one all-american city. tell you where, coming up. >>> plus what does shelia bare think of the big lawsuit against jp morguen? she is here to let us know. >>> we want to know, who has a better chance of winning this year is it a, mitt romney, or b, the new york jets? vote now on our show page, street signs.cnbc.com. the results, mandy, later in this cablecast. >> indeed. in fact, watching the trading day starting off in rally mode but that buying...
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Oct 8, 2012
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it's the third largest city in the united states of america. there's no reason that it shouldn't be among the top tier in terms of innovation technology companies that get built. groupon being one example. but at lightbank, we're in over 50 companies. doing amazing things. this is just one more part of the cocktail that gets built that allows us to get great entrepreneurs and great ideas and help get them off the ground. >> eric, from your perspective as venture capitalists and co-founders of groupon, the stock is down more than 50%. i'm being generous. since it ipo'd at the new york stock exchange. i'm wondering what you think went wrong when it came to this issue. >> first of all, we're not here to talk about groupon -- the guy you should talk to is andrew, the ceo. but i think in general, when you look at the recent ipo of facebook, zynga, groupon, there's no question that these companies have been very volatile and investors have bounced around quite a bit over the past few months. and why that is, i'm not an expert in the field and couldn'
it's the third largest city in the united states of america. there's no reason that it shouldn't be among the top tier in terms of innovation technology companies that get built. groupon being one example. but at lightbank, we're in over 50 companies. doing amazing things. this is just one more part of the cocktail that gets built that allows us to get great entrepreneurs and great ideas and help get them off the ground. >> eric, from your perspective as venture capitalists and...
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Oct 29, 2012
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and that has city officials concerned. here's new york city mayor mike bloomberg. >> if you are still in zone "a" and can find a way to leave, leave immediately. conditions are deteriorating very rapidly and the window for you getting out safely is closing. >> reporter: it's been interesting to watch. some preparations actually still going on this morning, which means they really weren't thinking that clearly about all of this. because some of the conditions were already supposed to have deter rated by now. but a lot of the sandbagging we've seen has been going on today. that, as the mayor said, the window for all of that, for all of those preparations is closing fast. we expect this is going to be a rough afternoon heading into a rough evening, continuing through tomorrow. scott? >> scott, thanks so much from lower manhattan. the mayor already announcing skoo schools will be closed in new york city yet again tomorrow. at the top of the show we mentioned the new york stock exchange and nasdaq are closed for business today.
and that has city officials concerned. here's new york city mayor mike bloomberg. >> if you are still in zone "a" and can find a way to leave, leave immediately. conditions are deteriorating very rapidly and the window for you getting out safely is closing. >> reporter: it's been interesting to watch. some preparations actually still going on this morning, which means they really weren't thinking that clearly about all of this. because some of the conditions were already...
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Oct 29, 2012
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he's in battery park city. if you don't know, it is about a five-minute walk from the new york stock exchange. the ocean spilled over the wall there earlier this morning as the tide came in. scott, it seems like the rain's pick up a little bit but how are things now? >> reporter: sue, tyler, take a look at new york harbor. it is getting progressively worse and we are now at low tide so there's a big difference from what we showed you earlier. but the skies are darkening. the rain is coming in. as you heard todd gross talk about, this is where storm surge will be coming in right as high tide happens this evening. and when we were here reporting earlier this morning, this was -- much of this area was under water. let's take a look at what it was like at high tide. again, that's just the morning tide with the full moon on top of it. not a lot of storm surge. at that point sandy was still several hundred miles from new york city. that's going to change when we get to the evening high tide. that is what everybody's
he's in battery park city. if you don't know, it is about a five-minute walk from the new york stock exchange. the ocean spilled over the wall there earlier this morning as the tide came in. scott, it seems like the rain's pick up a little bit but how are things now? >> reporter: sue, tyler, take a look at new york harbor. it is getting progressively worse and we are now at low tide so there's a big difference from what we showed you earlier. but the skies are darkening. the rain is...
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Oct 15, 2012
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. >>> citi comfortably beating estimates on the top and bottom line. shares now up $1.60, at $36.35. the stock is up more than 35%, 38% so far this year. kayla tausche listening in on citi's confroeerence call. what did mr. pandit say? >> not all that much but expressing concern over the u.s. fiscal cliff. similarly the cfo responded to claims of a house recovery saying that the economy must lead housing, not housing leading the economy. while the macro environment for banks remains weak, investors are looking at each bank on a case by case basis and they're actually saying that citi's case is improving. excluding items, citi's earnings per share beat analyst estimates by 10 cents matching 11% deposit growth and slower loan growth but big gains in securities and banking. citi one of the only banks so far to show net interest margins improving instead of deteriorating amid that lower interest rate environment. cfo saying the nim should stay at these levels for q4 as well. if earnings stay this good, citi executives said on the call that the bank should
. >>> citi comfortably beating estimates on the top and bottom line. shares now up $1.60, at $36.35. the stock is up more than 35%, 38% so far this year. kayla tausche listening in on citi's confroeerence call. what did mr. pandit say? >> not all that much but expressing concern over the u.s. fiscal cliff. similarly the cfo responded to claims of a house recovery saying that the economy must lead housing, not housing leading the economy. while the macro environment for banks...
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Oct 29, 2012
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that could be atlantic city. then moving inland overnight, could be near baltimore tomorrow morning with 70 mile per hour winds. then taking a turn through pennsylvania. back up through upstate new york. a huge, prolific wind maker. we think it sticks around for several days once it makes that landfall. obviously when you've got that big of a wind machine, you've got likely power outages. areas in red from maine through western north carolina they're already reporting power outages this morning. then possible power outages across the great lakes all the way back to chicago. this is a huge wind and wave maker. look at virginia beach right now. gusting to 34. winds right now at buoys are at 45 and 22 foot waves. 31 foot waves closer to the center of circulation. look at some of these numbers. very impressive. winds coming out of the northeast at 47. gusts to 38 at bridgeport. 40 at newport. we've had gusts as high as 66, by the way, at boston. right now at 49. the waves are 26 to 12 feet. it's going to be a huge wa
that could be atlantic city. then moving inland overnight, could be near baltimore tomorrow morning with 70 mile per hour winds. then taking a turn through pennsylvania. back up through upstate new york. a huge, prolific wind maker. we think it sticks around for several days once it makes that landfall. obviously when you've got that big of a wind machine, you've got likely power outages. areas in red from maine through western north carolina they're already reporting power outages this...
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Oct 8, 2012
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people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history. >> we've seen a growth early 90s when the desert storm recessionary period hit when a number of states in the midwest and south opened up their borders. now in these tough economic times we've seen states like massachusetts, ohio and florida open up their borders to commercial gaming as well. >> look what it's done in pennsylvania. it expanded its gaming two to three years ago. it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now th
people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history. >> we've seen a growth early 90s when the desert storm recessionary period hit when a number of states in the midwest and...
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Oct 5, 2012
10/12
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right some remember max company city? >> i'm glad you're entertaining yourself. >> all preparation that matters, right? >> it is. jarrett, what do you think, are people underestimating the vice president's abilities with paul ryan? >> if they aren't, they shouldn't. he's quick on his feet. he's good at linking things to a narrative. i can't imagine he would want to go into the weeds with paul ryan and talk about budget baselines. he'll talk about the kind of narrative, the middle class, the folks that he believes -- >> the ones buried in the last four years? >> i think joe biden really does connect with average voters in a way most politicians don't. and i think it will be tough. >> tony, you and the steelers, man. anything happens to them, and i got to hear from you. >> i have not had a chance on air to congratulate you with the reds. amazing season. >> thank you. they're 5:1 odds. i think the nationalses are slightly above that. but i checked the game is saturday 8:38. i'm so excited because last time i got to the playo
right some remember max company city? >> i'm glad you're entertaining yourself. >> all preparation that matters, right? >> it is. jarrett, what do you think, are people underestimating the vice president's abilities with paul ryan? >> if they aren't, they shouldn't. he's quick on his feet. he's good at linking things to a narrative. i can't imagine he would want to go into the weeds with paul ryan and talk about budget baselines. he'll talk about the kind of narrative,...
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Oct 1, 2012
10/12
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lots of them coming up, david goodfriend, robert costa and having them rent apartments in new york city. that's it for this evening's show. i'm kudlow, thanks for watching. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... i'm bara ck o bama and i approve romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters.
lots of them coming up, david goodfriend, robert costa and having them rent apartments in new york city. that's it for this evening's show. i'm kudlow, thanks for watching. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the...
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Oct 24, 2012
10/12
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CNBC
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citi calls it a nice beat. says they can probably effectively grow revenues during this transition without the key is whether or not they grew on the user experience in the meantime. >> i think that one of -- this call unlike the last one was full of facts. data which indicates advertisers like it. a bold claim. 40% of users are likely to use facebook with desk top but 70% use it on mobile which is why proctor & gamble reports tomorrow. walmart. amazon. capital one with the best bank quarter all like facebook. i wouldn't be surprised if gm didn't want to come back on facebook and maybe they say, hey, nice to meet you. we're going with the other guys. >> there is a concern though that too many sponsored stories hitting a communications device and people start to say you are loading me up too much here. they want a run rate. at $1 million a day. they went to $3 million a day. they gave us numbers they had never done. they said they won't again. at least it gives some people a sense as to ramping of this significa
citi calls it a nice beat. says they can probably effectively grow revenues during this transition without the key is whether or not they grew on the user experience in the meantime. >> i think that one of -- this call unlike the last one was full of facts. data which indicates advertisers like it. a bold claim. 40% of users are likely to use facebook with desk top but 70% use it on mobile which is why proctor & gamble reports tomorrow. walmart. amazon. capital one with the best bank...
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also, the ultimate result of the opposite of free cities. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a coincidence? what's in your wallet? [ all screaming ] watch the elbows ladies. ♪ john: we are back with your questions or comments from my guess. congressman vin jordan. york city commissioner of human resources and author of after the welfare state. so first from facebook. dave hamilton asks god could a collapse of the welfare state ever be peaceful? i don't see a collapse happening with of chaos. >> i think absolutely. this gigantic lumbering staggering welfare state. the 1990's, they ask some hard questions. this was not affordable. they manage to touch from their welfare state very
also, the ultimate result of the opposite of free cities. this happy couple used capital one venture miles for their "destination wedding." double miles you can "actually" use. but with those single mile travel cards... [ bridesmaid ] blacked out... but i'm a bridesmaid. oh! "x" marks the spot she'll never sit. but i bought a dress! a toast... ...to the capital one venture card. fly any airline, any flight, anytime. double miles you can actually use. what a...
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Oct 10, 2012
10/12
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CNBC
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your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as president? >> well, larry, there's a practice called regional tax base sharing that obama would like to spread to every metropolitan region in the country. this is where all the suburbs in a metropolitan area have to kick in a big chunk of their tax money and that gets redistributed to cities. ohio has a lot of folks that would like to see that practice come to the state. >> cleveland, right? maybe even hamilton county, which is cincinnati which has its urban problems. >> that's right. but they're centered around the northeastern area around cleveland. they made a good run at it and came close in the legislature in 2009. >> that's what i wanted to get at. i have no correct you're right about president obama's hidden agenda. but at the end of the day, if these states and localities don't want to do that, they don't have to do that. in 2010, the tea party stopped tax sharing and they were also able to stop a lot of the regional planning. it's re
your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as president? >> well, larry, there's a practice called regional tax base sharing that obama would like to spread to every metropolitan region in the country. this is where all the suburbs in a metropolitan area have to kick in a big chunk of their tax money and that gets redistributed to cities. ohio has a lot of folks that would like to see that practice come to the state....
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Oct 27, 2012
10/12
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FBC
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>> another airline, a different connecting city, and additional stop on your trip. none of these are ideal, but the real point is to be flexible and be up front and prioritize your trip. gerri: all right. and don't take your back because next weekend it is going to be a bad idea. thank you for coming on. appreciate your time. >> thanks for having me. gerri: all right. flying can be such a pain. ridiculous please, long delays. some airlines are trying to make the experience a little bit nicer by offering sex. says the way to my heart is to my stomach that is tonight'stop five, but be prepared to travel overseas. air france. i hope i'm saying this right. based in the united arab emirates, fly with snacking on free range hands and honey produced by their own bees. holy cow. they offer a line of signature pickles. unbelievable. turkish airlines, complimentary champagne, soup, ice-cream, and the famous rich turkish coffee. royal dutch airlines. it's about drinking with the dutch jen. and the number one airline for snacking is a lane airlines. mangos, macadamia nuts, and
>> another airline, a different connecting city, and additional stop on your trip. none of these are ideal, but the real point is to be flexible and be up front and prioritize your trip. gerri: all right. and don't take your back because next weekend it is going to be a bad idea. thank you for coming on. appreciate your time. >> thanks for having me. gerri: all right. flying can be such a pain. ridiculous please, long delays. some airlines are trying to make the experience a little...
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Oct 16, 2012
10/12
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CNBC
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he's a citi lifer. he ran two of the most volatile business lines over citi. just the timing of the departure is suspect and a lot of people were very surprised to receive that call last night. >> there are other material aspects as well. on the one hand there's promise to shareholders effectively they would able to pay the dividend which didn't come through at the beginning the year in march and more recently the price that they got for the brokerage. >> right. that's something that came to pass in the last quarter and definitely affected the earnings that essentially with that write down gave citi a 1% return on equity yesterday. but a little bit surprising you wouldn't announce something like this on a conference call. >> for sure. thank you very much for that kayla. let's bring in kate kelley who has more on the big story and big stock. over to you. >> it sound like jim cramer cooped the "journal" which had a steady stream of interesting headlines. jim is telling us that it looks as though pandit was forced out by the board. like kayla that crystallizes th
he's a citi lifer. he ran two of the most volatile business lines over citi. just the timing of the departure is suspect and a lot of people were very surprised to receive that call last night. >> there are other material aspects as well. on the one hand there's promise to shareholders effectively they would able to pay the dividend which didn't come through at the beginning the year in march and more recently the price that they got for the brokerage. >> right. that's something...
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Oct 19, 2012
10/12
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CNBC
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for real business. >>> today marks the 25th anniversary of one of the darkest day in history, wall street, october 19th, a monday, the dow dropped nearly 23%, the biggest all-time
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi® card to get the benefits of private pass. more concerts. more events. more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with a citi card. [ crowd cheering, mouse clicks ] hey, it's sandra -- from accounting....
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Oct 29, 2012
10/12
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CNBC
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new york city is very, very quiet even for 6:00 in the morning. they shut down the transit system last night. people have been heeding that. and a lot of evacuations again in the low lying areas, this so-called zone a where we are. but the worry is that the storm surge if it is as forecast, which will be worse than hurricane irene last year, could create some serious problems in terms of getting in to the subway system, in terms of getting into the con ed steam lines and potentially the electrical system. and so even if the wind doesn't blow out power, there could be pry empty differen preemptive power outages. so that's one of the many reasons that they decided to hunger down with all the financial markets. stay home, there's money to be made later and we'll just deal with it. for now just a little bit of a breeze blowing here. that is clearly supposed to chan change. >> where do you go later? >> you have to find a pole, right? you know that that's -- every guy out in a strong breeze, you've seen -- you've got to find a pole around there, right?
new york city is very, very quiet even for 6:00 in the morning. they shut down the transit system last night. people have been heeding that. and a lot of evacuations again in the low lying areas, this so-called zone a where we are. but the worry is that the storm surge if it is as forecast, which will be worse than hurricane irene last year, could create some serious problems in terms of getting in to the subway system, in terms of getting into the con ed steam lines and potentially the...
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Oct 5, 2012
10/12
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citi says they see them tracking above consensus. consensus is 2%. citi thinks they're looking up 3%. as a result, shares are higher, carl. back to you. >> thanks so much. let's take a quick check of the markets. the dow sitting near its highest levels in almost five years since december 2007 on the back of that strong jobs number, perhaps. s&p not quite at an intraday high for the year and 1469 and got to get to 1474.51 to set a new interview intra day high for 2012. when we come back, more pain at the pump and up next we'll find out yet perfect storm will be brewing in california. a state that refines its own gasoline and why stations are closing their doors. that's next. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. you know it can be hard to lbrea
citi says they see them tracking above consensus. consensus is 2%. citi thinks they're looking up 3%. as a result, shares are higher, carl. back to you. >> thanks so much. let's take a quick check of the markets. the dow sitting near its highest levels in almost five years since december 2007 on the back of that strong jobs number, perhaps. s&p not quite at an intraday high for the year and 1469 and got to get to 1474.51 to set a new interview intra day high for 2012. when we come...
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is the time of the race when they are aiming for the general election, not the primary based in the city has to still rev up the primary. gerri: a long way to go. the tone and tenor of the campaign changing with jobs numbers which were shockingly positive. we discussed it earlier. let me read you some headlines from newspapers to how the media is treating this. the new york times. jobs reports bring unexpected good news. make his case easier. the washington post says president obama much-needed good news on jobs. the chicago, jobs report gives obama a much-needed boost. i have to tell you, on wall street people are picking apart these numbers with a fine tooth comb. a lot of people don't believe them. they think they have been massaged, managed and some white. is the media -- more evidence totally for obama? >> sure. i read the new york times assessment of, you know, the attacks as the book were cut. this is not political, this is a statistical. always. the numbers are volta, but it is not politics. look. this is an administration that has been lying about who killed our ambassador. they
is the time of the race when they are aiming for the general election, not the primary based in the city has to still rev up the primary. gerri: a long way to go. the tone and tenor of the campaign changing with jobs numbers which were shockingly positive. we discussed it earlier. let me read you some headlines from newspapers to how the media is treating this. the new york times. jobs reports bring unexpected good news. make his case easier. the washington post says president obama much-needed...
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Oct 15, 2012
10/12
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later citi earnings released at the top of the hour. we'll talk about the big banks and future of the financials with our guest jim reynolds of loop capital markets. the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy
later citi earnings released at the top of the hour. we'll talk about the big banks and future of the financials with our guest jim reynolds of loop capital markets. the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while...
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Oct 1, 2012
10/12
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] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> here's something we don't often get to talk about on cnbc, european strengths. europe defeating the u.s. to retain the ryder cup. martin kaymer giving europe the 14th point it needed to retain possession of the cup. that brings us to this morning's "squawk on the tweet." complete the following sentence -- europe may take our ryder cup, but they'll never take our, blank? tweet us. we have a new twitter handl handle, @squawkstreet is the new twitter handle. they'll never take our? >> place of employment refs. >> wasn't it great to see great refs? >> the saints game, even some controversial calls still, although that's -- there's something more comfortable about it knowing it comes from a full-time ref. >> seriously. someone who's got skin in the game with a 401(k) coming -- the new guys. use the ford motor play, the gm union negotiation. the new guys come in, get shafted. the old guys do well. >> they went to a define contribution from defined benefi
] get more access with the citi card. [ crowd cheering, mouse clicks ] >>> here's something we don't often get to talk about on cnbc, european strengths. europe defeating the u.s. to retain the ryder cup. martin kaymer giving europe the 14th point it needed to retain possession of the cup. that brings us to this morning's "squawk on the tweet." complete the following sentence -- europe may take our ryder cup, but they'll never take our, blank? tweet us. we have a new twitter...
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Oct 18, 2012
10/12
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CNBC
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so the city may sell its mineral rights and allow energy companies to drill or frack on city land. experts say fracking or pumping chemicals into the ground filled with oil and natural gas is filled with unknown risk, like the possibility of causing earthquakes and groundwater contamination. >> are you that crazy for money? >> i guarantee you, we will organize under the first amendment everybody in here and bring the wrath of god into this chamber and power back to the people. >> reporter: other cities have already sold their mineral rights. in scio, ohio, the money from drilling will pay for new sidewalks, water treatment, and perhaps give the town a shot in the arm. >> a few years ago, every storefront just about was empty. now there's new business coming in. >> reporter: as cities struggle with tight budgets, a windfall of millions of dollars trapped under public lands is a tempting capital to their cash crunch. >> this is something that could help the area not only now but 10, 20, 50 years from now, just like when the steel mills came here. >> reporter: back live in youngstown,
so the city may sell its mineral rights and allow energy companies to drill or frack on city land. experts say fracking or pumping chemicals into the ground filled with oil and natural gas is filled with unknown risk, like the possibility of causing earthquakes and groundwater contamination. >> are you that crazy for money? >> i guarantee you, we will organize under the first amendment everybody in here and bring the wrath of god into this chamber and power back to the people....
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a red light in new york city, little less, to a half. you could get caught because you are kind of operating on the rhythms you're expecting to see if you would have anywhere else. >> the word gets around that they're too short and people start jamming on their brakes to avoid getting the red light camera to get anyone to creating a problem that we were trying to solve. in concept we are in favor of reuse they take care of those tebow crashes where vehicles at the site of another vehicle. this side is the weakest part of the vehicle, but if you're solving one problem by creating another, you're not solving the problem. gerri: us to collect the money they make. ticket revenue, from the new york post. the city's make 235 million over five years. this is an easy way to make some dope. i mean, frankly, if you were the mayor and want to raise some money, you know, just put them at every corner. you will get a lot of revenue coming into the city coffers. >> that is what is being talked about. the program being expanded. we think before they go
a red light in new york city, little less, to a half. you could get caught because you are kind of operating on the rhythms you're expecting to see if you would have anywhere else. >> the word gets around that they're too short and people start jamming on their brakes to avoid getting the red light camera to get anyone to creating a problem that we were trying to solve. in concept we are in favor of reuse they take care of those tebow crashes where vehicles at the site of another vehicle....
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Oct 22, 2012
10/12
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FBC
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in new york city? try have this because the reinsure wants to be good to me? no. because thusands of people care about themselves. i learned this years ago. >> at the farm saddling up for another 14 hour workday. >> they'reo much work fences, ditches, beating the cows, harvesting the hey, they're only the first of a sies who by caring about themselv make sure i get my stake. >> he delivers theropane to heed to the water. >> she keeps the packinghouse clean. >> to make sure it is cleaned and sanitized before production. >> the people who slaughter the cattle, . >> john: then the people run the freezer facility. thousands of people have to work together to get the food to market for me? >> i don't think of it that way. >> i think about money i am no one. >> i had never heard of him. >> they may not care about me but they do work hard and cooperate to bring the ate. government cannot do it. they have tried but most fail miserably. remember the long lines sometimes pep
in new york city? try have this because the reinsure wants to be good to me? no. because thusands of people care about themselves. i learned this years ago. >> at the farm saddling up for another 14 hour workday. >> they'reo much work fences, ditches, beating the cows, harvesting the hey, they're only the first of a sies who by caring about themselv make sure i get my stake. >> he delivers theropane to heed to the water. >> she keeps the packinghouse clean. >> to...
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Oct 22, 2012
10/12
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CNBC
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upgraded to buy from neutral at citi. and sandisk downgraded to sector perform from outperform at rbc capital. >> are you taking south carolina versus florida? >> that was a stupid pick. that was not gutsy. makes me look bad, made the animal orchestra look bad. colorado is getting 45 1/2 points. >> wait a second do you get the points when you pick with the animal orchestra? >> oh, yeah. >> i thought it was supposed to be straight up and down win. then we're taking whoever is playing colorado. >> can notre dame hang with oklahoma? >> huge question. we'll see. >> maybe they can but this is a test this week and byu is a trap game just like temple with you. >> yes, it was. we almost -- well we did very well in the second half. >>> coming up a first on cnbc interview with the ceo of caterpillar doug oberhelman. "squawk" will be right back. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gi
upgraded to buy from neutral at citi. and sandisk downgraded to sector perform from outperform at rbc capital. >> are you taking south carolina versus florida? >> that was a stupid pick. that was not gutsy. makes me look bad, made the animal orchestra look bad. colorado is getting 45 1/2 points. >> wait a second do you get the points when you pick with the animal orchestra? >> oh, yeah. >> i thought it was supposed to be straight up and down win. then we're taking...
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Oct 6, 2012
10/12
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>> absolutely, most of these cities are cash strapped. they're financially mismanaged and it's an opportunity for them to put one more hand in the taxpayers' pockets. look, the root of this is not that they ned more money, they need to spend what they have more efficiently and overburdened with pensions they can't pay and they have too many government employees on the payroll and they're badly run, and asking a taxpayer to fund government inefficiency is the wrong way to go. >> brenda: well, jonas, we're already paying taxes, isn't that supposed to be covering what we get for this? >> well, those income taxes are artificially low. a lot of states like california are putting through a lot of tax increases. and we talked about the president, but california has a proposition to super tax million dollar earners, you need regress seive taxes to go along with that, and charging fees for all the things the states are paying for, roads, bridges, i'm all for it because you can't just squeeze the same group for higher income taxes, and called broad
>> absolutely, most of these cities are cash strapped. they're financially mismanaged and it's an opportunity for them to put one more hand in the taxpayers' pockets. look, the root of this is not that they ned more money, they need to spend what they have more efficiently and overburdened with pensions they can't pay and they have too many government employees on the payroll and they're badly run, and asking a taxpayer to fund government inefficiency is the wrong way to go. >>...
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Oct 30, 2012
10/12
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FBC
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eye 101
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in new york city borough of queens, a fire destroyed 80 homes, terrible. in manhattan a crane, partially collapsed. dangling over the streets scaring a lot of people, new jersey governor chris christie said there was damage to each and every new jersey transit line, and commuter trains would not resume service for 7 to 10 days, atlantic city is under water, southern tip of manhattan submerged. so far, expert say that sandy could cost region $10 billion in insure damages and $20 in economic cost, once you factor in uninsured liabilities, that may well understate the problem. analyst say that iphone 5 would add a quarter to half% to go, dp, if the phone could move a needle, don't you believe that a once in a haven'try storm -- century storm could do the thing, how about the clerks and tellers who stayed home, companies large and small sent workers home. general motors was one. and airlines canceled total more than 18,000 flights, that is according to flight aware. just minutes ago, about half of the level of hurricane irene, the cost of the storm, was 40 mil
in new york city borough of queens, a fire destroyed 80 homes, terrible. in manhattan a crane, partially collapsed. dangling over the streets scaring a lot of people, new jersey governor chris christie said there was damage to each and every new jersey transit line, and commuter trains would not resume service for 7 to 10 days, atlantic city is under water, southern tip of manhattan submerged. so far, expert say that sandy could cost region $10 billion in insure damages and $20 in economic...
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how do you analyze the two cities? >> the biggest increases year over year are in places rebounding. both phoenix and detroit as well as lots of metros in florida and other parts of the country had huge price declines in the bust, up to 50% down. those are in the places with the biggest rebounds now, but it doesn't mean they are all the same. phoenix is driven by job growth. gerri: that's a good thing. i like to hear that. look at red flags. biggest red flags. you mentioned florida a moment ago. florida, illinois, and new jersey. why should i be weary? >> those are all places where the foreclosure process takes a long time. those are states with a much bigger backlog of foreclosures than just anywhere else in the country. as the foreclosures come on the market, they push prices down. the price gains disappearance. gerri: one of the things so important to the market and what we have need to have housing come back is jobs. we are seeing that in california bay area, north carolina, denver, texas, and oklahoma. is there a
how do you analyze the two cities? >> the biggest increases year over year are in places rebounding. both phoenix and detroit as well as lots of metros in florida and other parts of the country had huge price declines in the bust, up to 50% down. those are in the places with the biggest rebounds now, but it doesn't mean they are all the same. phoenix is driven by job growth. gerri: that's a good thing. i like to hear that. look at red flags. biggest red flags. you mentioned florida a...
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Oct 12, 2012
10/12
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CNBC
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listener, he made decisions, he attracted an all-star team and produced a great result in salt lake city. these are the kind of things that are missing in our government. somebody who has the experience on how to understand people, how to pick people, and get a result that's based upon reality, and when you're building a business you try, if you're a leader, you try and harness simple truths. the simple truth is that everybody in the world wants a better life and the only thing historically that's ever proven to provide a better life is the demand for our labor. the gang of you at cnbc, myself, everybody else, the more demand there is for our labor, the better our life, the less demand for our labor, until there is no demand for our labor and we starve. the purpose of government is to create an environment where the demand for our labor is constantly growing. that's the simple purpose of life, and to take the money out of society, filter it through a bureaucratic government, have it diluted by waste and inefficiency by 20%, 30% or 40% and then decide to give it back, that's a mistake. if
listener, he made decisions, he attracted an all-star team and produced a great result in salt lake city. these are the kind of things that are missing in our government. somebody who has the experience on how to understand people, how to pick people, and get a result that's based upon reality, and when you're building a business you try, if you're a leader, you try and harness simple truths. the simple truth is that everybody in the world wants a better life and the only thing historically...
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Oct 29, 2012
10/12
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FBC
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robert is in battery park city. part of the financial district, one of the most vulnerable areas of new york city. what are you seeing? >> well, we are certainly seeing the range is starting to pull down a little bit harder. you can see the water just behind me, this well, the surge has now come up. when we arrive this morning around 4:00 a.m. it was around three and a half-5 feet below the sea wall. it is now obviously above that. a little promise not here, if you are familiar with battery park at all, if you have been to new york city, bin to the statue of liberty. the torch of the distance. they disembarked from just a few hundred yards around the bend of to my left hand side here. so you probably know the area. and as a lock on the sideline. right now it is under water. we have not seen it this time. during high tide it came in about almost as high as this and receded, but nasa to come back. wind not really picking up that much, but the rain starting to come down. the area around here, i can tell you, pretty des
robert is in battery park city. part of the financial district, one of the most vulnerable areas of new york city. what are you seeing? >> well, we are certainly seeing the range is starting to pull down a little bit harder. you can see the water just behind me, this well, the surge has now come up. when we arrive this morning around 4:00 a.m. it was around three and a half-5 feet below the sea wall. it is now obviously above that. a little promise not here, if you are familiar with...
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Oct 3, 2012
10/12
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MSNBC
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senate. 33 people were killed in a series of suicide bombings in the syrian city of aleppo today. three explosions rocked the main square in the district. "new york times" reports the united states is getting ready to go after with the militants who carried out the deadly attack. the special operations command is preparing for orders. we have new numbers. in florida bill nelson double digit lead over republican congressman. in ohio democratic senator leads. and then the race for virginia's open senate seat tim kaine leads allen. at a detroit bookies backyard where jimmy hoffa is not buried. soil samples show no signs of human remains. >>> what happened on this stage in denver tonight can go a long way towards winning and losing this election. today we look back at the good, the bad and the awkward. we start with this head scratcher from gerald ford, one that helped seal his fate. >> there is no soviet domination of eastern europe and there never will be under a ford administration. >> there already had been at the time. although ford tried to back track later the damage had been d
senate. 33 people were killed in a series of suicide bombings in the syrian city of aleppo today. three explosions rocked the main square in the district. "new york times" reports the united states is getting ready to go after with the militants who carried out the deadly attack. the special operations command is preparing for orders. we have new numbers. in florida bill nelson double digit lead over republican congressman. in ohio democratic senator leads. and then the race for...
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Oct 10, 2012
10/12
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the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within the neighborhood that i mentioned so far, could it be because that is where mr. bloomberg lives? that is my "two cents more". coming up tomorrow, as vice president joe bide
the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within...